Is WELL an attractive takeover target?MB11111 wrote: I am doubtful about Well being an attractive investment. .. and furthermore I do not believe Well management would want to work for someone else...
I understand that what you're getting at is that WELL may not be the most attractive target for takeover. I can't disagree with that as I believe the CEO is really dedicated personally to improving health outcomes for Canadians, and not a quick flip.
If you've followed Hamed Shahbazi, you know that with his succcess at taking a startup (Tio Networks) to a takeover by PayPal for $305m, he is wealthy and has nothing left to prove. If you get to hear him speak in a casual setting (i.e. not when he's making a 30-minute pitch to investors), you come away with the feeling that this is a man with a purpose-driven life.
You have to ask yourself why one of the 50th richest men in the world (i.e. Li Ka-Shing) would have invested in a Canadian penny stock trading on the Venture exchange. To make even more money? I somehow doubt it.
I think Mr. Li and Hamed share a vision of making a positive difference in the world and they didn't create this company to flip it in a couple of years. I don't know about anyone else but I'm here for the duration!